it is a very pivotal area here.
3 scenarios:
1) down straight.
2) up into 2124 and collapse
3) vertical up to 2160
The trade short can be tempted with tight stop 2115 or with slightly larger stop to allow for a fake breakout. that is a question of money management/size etc..
I went short at 2108 last week, stop 2115. I would monitor and adjust if close to stop.
There is a chance it falls straight tomorrow.
Note: in the last few weeks, many weeks started strong oin monday and were weak the rest of the week.
Risk reward exceptional if works.
3 scenarios:
1) down straight.
2) up into 2124 and collapse
3) vertical up to 2160
The trade short can be tempted with tight stop 2115 or with slightly larger stop to allow for a fake breakout. that is a question of money management/size etc..
I went short at 2108 last week, stop 2115. I would monitor and adjust if close to stop.
There is a chance it falls straight tomorrow.
Note: in the last few weeks, many weeks started strong oin monday and were weak the rest of the week.
Risk reward exceptional if works.
